Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, now hovering around $36.00, down -1.29% on the day, as markets digest easing US-China trade tensions and await critical US inflation data. The white metal’s recent surge, driven by safe-haven demand and industrial …
Read More »Gold Prices Surge on Cooling US Inflation and Fed Rate Cut Bets
Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after briefly touching $3,360. The uptick follows a softer-than-expected US Consumer Price Index (CPI) report for May, which has fueled expectations for Federal Reserve rate cuts as early as September. This development, coupled with ongoing US-China trade …
Read More »EUR/USD Gains Momentum, Eyes 1.1500
EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading at 1.1495, up +0.66% at the time of writing, driven by a significant pullback in the US Dollar. The Greenback’s weakness intensified after May’s US CPI data fell short of expectations, dampening investor confidence. Additionally, the …
Read More »Stock Movers: Tesla, GameStop, and Beyond
Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in premarket trading on June 11, 2025, driven by strong investor confidence in its growth trajectory. Recent data highlights Tesla’s robust delivery numbers and advancements in autonomous driving technology, fueling optimism about its market dominance. Despite concerns over valuation, the company’s …
Read More »Trade Optimism, Shrinking Inventories Fuel Oil Prices Rally
WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11, 2025. This surge stems from renewed optimism in US-China trade negotiations and a sharper-than-expected decline in US oil inventories. These factors signal stronger demand and tighter supply, driving market momentum. What does …
Read More »Bitcoin Holds Steady as Markets Await Details on U.S.-China Trade Framework and U.S. CPI Data
Bitcoin traded largely flat on Wednesday, pausing after Tuesday’s sharp gains as traders digested news of a proposed U.S.-China trade framework and awaited more clarity on both the deal and upcoming U.S. inflation data. As of 02:08 ET (06:08 GMT), Bitcoin remained unchanged at $109,559.20, hovering just below the record …
Read More »European Stocks Trade Flat as Markets Eye U.S. CPI, U.K. Spending Review, and China Trade Talks
European stock markets opened Wednesday in narrow ranges as investors absorbed the implications of the recently concluded U.S.-China trade talks and braced for key inflation data out of the U.S. As of 03:05 ET (07:05 GMT), Germany’s DAX edged down by 0.1%, while France’s CAC 40 gained 0.2%, and the …
Read More »Gold Rises as Trump Tariff Ruling Offsets China Trade Optimism; CPI Data Eyed
Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a U.S. court upheld former President Donald Trump’s trade tariffs, tempering market enthusiasm over recent progress in U.S.-China trade negotiations. Spot gold gained 0.6%, reaching $3,341.03 per ounce, while August gold futures climbed by the same …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a two-month high of $66.64 before retreating to $65.18, down 0.70%, while Brent crude hit $68.00 but settled at $67.03, down 0.62%. Natural gas faced pressure, sliding 2.13% toward $3.50. Optimism from US-China …
Read More »Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious optimism surrounding US-China trade talks in London and anticipation for Wednesday’s critical US inflation data. Markets remain on edge, with the potential for these events to reshape expectations for Federal Reserve policy …
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